Over the six months to 31 October 2016 Personal Assets Trust’s net asset value per share rose by 7.5% to GBP394.85. Its share price rose by GBP24.50 to GBP397.00 over the same period, being a premium of 0.5% to the Company’s NAV at that date. They are paying quarterly dividends of 140p per share. At the end of the […]
Great Portland’s EPRA NAV has slipped by 4% over the six months ended 30 September 2016 to 813p. Total net assets at the end of the period were £2,827m. EPRA profit before tax of GBP28.3 million, was up 16.5% on H1 2015. this translated into a 20.3% increase in EPRA earnings per share to 8.3p. The interim dividend […]
Better Capital is raising cash from its portfolio and restructuring one investment. Gardner Yesterday they said they had received a cash offer from Shaanxi Ligeance Mineral Resources Co. Limited for its interest in Gardner Aerospace Holdings Limited. The price equates to an enterprise value of £326m. The 2009 cell’s share of the proceeds net of costs and […]
Utilico Emerging Markets Limited’s net asset value total return per ordinary share was positive at 13.3% in the six months to 30 September 2016, below the MSCI Emerging Markets Total Return Index’s positive 19.8%. Earnings per share of 5.10p comfortably cover the dividends of 3.25p in respect of this period. The cumulative retained revenue reserves […]
Amedeo Air Four Plus says it wants to buy two Airbus A380-800 planes for leasing to Etihad. They want to buy the first of these in March 2017 and the second in May 2017. Shareholders will have the chance to approve the deal at a meeting planned for 14 December. 40,250,000 new shares were issued in Amedeo’s July […]
New River Reit has announced results for the six months ended 30 September 2016. David Lockhart, Chief Executive commented: “I am pleased to report that NewRiver has again produced growing cash profits from its high quality and defensively positioned portfolio. We have a proven track record of generating secure income returns and delivering a growing […]
Japan’s economy could be given a significant boost by a US-Japan alliance, analysts have predicted. James Carthew, research director for QuotedData claimed the implications for Yen risk-asset markets are “poised to be positive”…. Read more here Trump bodes well for Japan
Sierra Metals (SMT-CN) The discovery of a new high grade sulfide zone 200 meters north of the central mine, along strike and adjacent to current mining activities, contributes to the future growth potential of the company. Underground drilling intersects several wide high-grade copper, lead, zinc and silver sulfide intercepts at the Cuye-Mascota area of the […]
British Land has published figures covering the six months ended 30 September 2016. Its EPRA NAV reduced by 3.0% to 891p over this period. Adjusted diluted earnings per share rose 20% to 19.3p helped by a 16.4% increase in its underlying profit before tax to GBP199 million. They say this was driven by like-for-like income growth of […]
HICL Infrastructure reports that over the six months to 30 September 2016 it delivered a 2.5% rise in NAV per share to 145.7p, up from 142.2p at 31 March 2016. Earnings per share were 6.1p (2015: 5.6p). Net operating cash flow of GBP60.9m (2015: GBP58.9m) covered the interim dividends paid in the six month period 1.26 times (2015: […]
